Hi y'all,
I'm very pleased to finally and officially share with the world Satonomics which is a suite of tools that compute, distribute and display on-chain data. The generated datasets are very heterogeneous and can be used for many different purposes. In a nutshell, you can view this as the FOSS and self-hostable version of glassnode and thus a complimentary tool to mempool.space.
The project is split in 3 parts:
  • A parser: The backbone of the project, it does most of the work by parsing and then computing datasets from the timechain.
  • A small server which automatically creates routes to access through an API all created datasets.
  • A web app which displays the generated datasets in various charts (and hopefully soon dashboards)
Everything is fully free even the API, there I think more than 10 000 routes with many more to come but the project is very much still in its infancy, many things (including routes) will change, some things might be broken, the data might be false, etc, so please be careful !
I've been working on for a looooong time now and quit my (first) job to work on this full-time since November 2023 ! It's quite a relief to finally have something to show for it.
Anyhow, feel free to ask any questions
PS: If the website doesn't work or crashes, especially on Safari iOS just refresh it should work then (like I said it's still quite early haha)
PS2: The Realized Cap and Price for hodlers isn't yet up to date, still computing them (will probably finish in 1 to 2 hours)
nice work + keep it up.
might be worth your while to reach out to james check at https://charts.checkonchain.com/ he used to do their weekly analysis newsletter/youtube video. he left to start his own thing.
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Thanks !
I've been following James's work for quite a while now but like you said he has his own thing with his own website and paid substack (which I understand), thus I don't think he'd have any interest in this but I'll try, we never know !
By the way, Glassnode (his old employer) is mostly the reason Satonomics exists because of theirs outrageous prices !
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you never know. you took one leap, what's one (million) more?
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Very impressive to roll-your-own indexer instead of just using electrum server. Is there a reason you wrote your own indexer for this tool?
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While I haven't even considered using electrum (and I'm not very familiar with how it works internally), to have all the data that you can from the chain you really need to read each block and keep track of every state (addresses/outputs/blocks/transactions) at every single block. This can be very slow very easily, it might've been possible but it would've been slower by magnitude I think and even then I would've needed most of the code I have now
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It makes sense. Electrs is too general purpose. You're building an optimized tool.
Maybe I'll try to write an indexer too: https://learnmeabitcoin.com/technical/block/blkdat/
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Oh ! To read the .blk files and convert them to usable structs, I’m using a strip down version this library which is sadly archived and doesn’t work with latest version of bitcoin rust. I had so much on my plate already that I just took what I needed and updated it to make it work
What’s nice is that I uses a parr sync iterator to read in advance the block files that you’ll read later while still being synchronous which makes the parsing of the files 60% faster I believe.
You can find the code with credits in parser/bitcoin/db
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Information wants to be free. Tools like this are putting pressure on the information traffickers (like Glassnode) to find a new business model.
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Definitely ! Fuck glassnode, a lot of the charts in the 700$/month tier are so “basic” and cheap to compute, it’s disgusting
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@Car Tagging you in case you're still interested !
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Nice! I'll check it out this week!
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Amazing !
But those scrollbars don’t look great, what’s your setup ? I need to tweak the design a bit
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Ah man, don't worry about that - it's explained in the article about it being a work in progress - it's the idea of FOSS that's exciting. Congrats. My set up is just me trying to build a magazine that offers pure signal to the readers. So far I have some of the team from Looking Glass helping with the educational content. I edit the content into a digital magazine format - working on a printed version once I've got the funds and logistics right - to put in every bitcoin meet up that will have it. Working with just 5 Bitcoin businesses per month to amplify their businesses throughs ads - then it's recent news, tech updates, education and some fun stuff. It's completely free to the readers.
I'd love to keep up to date with the progress of this project, so keep in touch sean@bitsizebitcoin.xyz if you don't mind.
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That’s great ! Good luck !
Not an email guy, you can hit me up here or on nostr
If you want to follow updates you can change subscribe to this page via RSS
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sean@bitesizebitcoin.xyz*** i missed an 'e'
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Seems quite interesting at first look.
Great job! Keep it up and update us from time to time...
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Will do !
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Wow
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Great job! I appreciate your commitment and hard work. Hope you had plans to survive before quitting your job..
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Kind of ! At first I had several ideas for monetization but I decided that it was too important to have this fully free and accessible to all and I really don't see how I can keep that without degrading the software
I will probably apply for a grant at OpenSats though
But in the meantime, I still have some savings to survive for a few more months, so we'll see !
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Very impressive. Had a quick tour of the site and bookmarked it. I do have a question, how are these sizes tiered, other than by sea creature?
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My bad ! I've seen them so often that I completely forgot to add their range. So:
  • Plankton - 1 sat < 0.1 btc
  • Shrimp - 0.1 btc < 1 btc
  • Crab - 1 btc < 10 btc
  • Fish - 10 btc < 100 btc
  • Shark - 100 btc < 1 000 btc
  • Whale - 1 000 btc < 10 000 btc
  • Humpback - 10 000 btc < 100 000 btc
  • Megalodon - >= 100 000 btc
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Whoa, this is awesome! I've favorited this. From the analysis side of things, I'll use this to compliment my bitfeed, and mempool. Love it, customizing dashboards in the future will be sick!
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That's the goal :)
Just to be clear, by dashboards I meant something like clark's one but if you thought about having multiple charts on the same page it definitely could also be doable
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